






SHANGHAI, July 3 (CBI China) -- LME aluminum price fell slightly, and today SHFE aluminum price moved downward and showed an active performance. Trading volumes increased significantly to 206,096 lots, and the positions increased as well. Aluminum price will continue to fluctuate due to weak market fundamentals and great inventory pressure.
SHFE Market
|
Aluminum – Spot Month
|
RMB/USD
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,500
|
13,500
|
13,100
|
1:6.8343
|
July 3rd
|
13,605
|
13,685
|
13,543
|
1:6.8333
|
|
Aluminum – 3mth
|
Shanghai Spot
A00 Aluminum Ingot
|
||
SHFE Close
|
Settlement
|
Weighted Ave.
|
||
June 15th
|
13,295
|
13,315
|
12,875
|
13,525
|
July 3rd
|
13,490
|
13,550
|
13,389
|
13,715
|
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